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A comment on Why it costs so much to be poor in America. Parent comment

Re:Why it costs so much to be poor in America by dragonwriter on Friday January 26, 2018 @12:27AM (#16237213)
There are presumably credit unions that suck (and yours sounds like it was one), but overall credit unions are generally superior in customer orientation to banks simply because they don't have a structural conflict between delivering customer value and serving shareholder interests.

While the common interest requirements for credit unions have been weakened, the best credit unions are probably ones that still are attached to a strong community of common interest.

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Re:Why it costs so much to be poor in America by kaycebasques on Friday January 26, 2018 @01:27PM (#16241573)
> overall credit unions are generally superior in customer orientation to banks simply because they don't have a structural conflict between delivering customer value and serving shareholder interests

Can you elaborate on the difference? I.e. why credit union incentives are different than big banks.

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Re:Why it costs so much to be poor in America by dllthomas on Sunday January 28, 2018 @01:52PM (#16252699)
https://en.wikipedia.org/wiki/Credit_union

> A credit union is a member-owned financial cooperative, democratically controlled by its members[.]

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